Euractiv is losing the Brussels media war
?? Euractiv is losing the Brussels media war. Talent is walking out, Contexte doubled in size, and Euronews is capturing events. Their big idea? A cheaper Politico Pro. Copying the competition isn’t a winning strategy—it’s settling for second place. Is it too late for Euractiv to fight back?
TL;DR: ?? Current Strategy: Build a lower-cost copy of Politico Pro. ?? 3 More Ambitious Strategies to Win: 1?? Own events: Dominate the networking space with one flagship event. 2?? Smarter tech tools: Solve Politico’s “information overload” problem. 3?? Go all-in: Invest heavily to challenge Politico head-on with Mediahuis’ help.
Building a cheaper Politico Pro is, at best, a plan to hang on second place, at worst, a surrender.
The problem:
1?? No differentiation: Why pick the copy over the original?
2?? Copying a losing product: Politico Pro is already losing ground.
To win, Euractiv needs to stop playing defense and return to its asymmetric strategy. Focus on its strengths: A Strong European brand. It’s clear that whatever Euractiv is doing it’s not working.
3 Bold Strategies for Euractiv to Lead
1?? The Event Strategy
This strategy goes after the total lack of a keystone policy event in Brussels. If Euractiv could corner “The event to go to” it could shore up the sponsored event market.
2?? The Technology Strategy
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Euractiv’s current Pro offering raises a key question: What’s the added value?
This approach would focus on high quality journalism and a smaller staff (which would increase Euractiv’s value from likely north of 20 million to 30+).
3?? The Direct Fight (Go Big or Go Home)
If Euractiv wants to compete head-to-head with Politico, it can’t do it halfway. This would require:
This approach is risky. Usually one doesn't fight convention war with incumbents. However it is still better than Euractiv’s current non strategy, which lacks vision and a winning scenario.
The Bottom Line: Euractiv must act boldly to survive. It can:
Contexte was once a peer—they’ve doubled in size. If nothing changes, my bet is they’ll beat Politico.
Which of these strategies could save Euractiv? Or is it already too late?